An insured lost income due to an ice storm. Their commercial property policy has an enhancement for business income and extra expense. The claim was denied as coverage isn’t “included in the policy.”
The trucking industry is leading the charge in quelling consumers appetites for critical goods during the coronavirus pandemic. As more people work from home and consumer demand continues, could the industry be poised for success in 2021?
“Historically, trucking was a high initial investment and a sophisticated industry to enter,” says independent agent Kelley Culley. “But in the past few years, many of those barriers to entry have dissolved.”
While negatively impacted by the global pandemic, certain sectors of the product liability market, from technology to the life sciences industry, are seeing opportunities for growth.
Foresight Risk and Insurance Services offers Foresight™ Workers Compensation to insure safety-critical businesses with a technology-first workers comp program.
The global supply chain was already reordering when COVID-19 accelerated shifting trends in different geographies. The effects will drive the demand for all types of insurance, including commercial insurance.
After performing well over the past six years, the workers comp market is starting to feel the impact of COVID-19. Presenting options for clients in this market is critical in dealing with the long-term impact.
Burns & Wilcox’s ProConstruct provides tailored professional liability coverage for contractors and designers, including valuable contract review services to help address potential litigation concerns from project delays.
COVID-19 brings additional workplace safety concerns across all industries. Successful agents will partner with reputable carriers with strong underwriting, risk control and claims expertise to help businesses improve workplace safety.
Added demand, heavier workloads, new seasonal employees and COVID-19 present workers compensation exposures this holiday season. Here are three tips agents can share with clients to keep the season merry and bright.
